MCCAW CRAIG 3
3 · Colicity Inc. · Filed Feb 23, 2021
Insider Transaction Report
Form 3
Colicity Inc.COLI
MCCAW CRAIG
DirectorCEO, See remarks10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (195,500 underlying)- (indirect: See explanation of responses)
Class B Common Stock
→ Class A Common Stock (7,708,852 underlying)
Footnotes (2)
- [F1]The reporting person owns 195,500 shares of Class B Common Stock which will automatically convert into shares of Class A Common Stock at the time of the consummation of our initial business combination on a one-for-one basis, subject to adjustment as described under the caption "Founder shares conversion and anti-dilution rights" in the Issuer's registration statement on Form S-1 (File No. 333-252811).
- [F2]X-icity Holdings Corporation ("X-icity") is the record holder of 7,708,852 shares of Class B Common Stock which will automatically convert into shares of Class A Common Stock at the time of the consummation of our initial business combination on a one-for-one basis, subject to adjustment as described under the caption "Founder shares conversion and anti-dilution rights" in the Issuer's registration statement on Form S-1 (File No. 333-252811). Mr. McCaw is the Co-CEO and more than 10% owner of Pendrell Corporation (PCO) which owns 100% of X-icity. Mr. McCaw shares voting and investment discretion with respect to the common stock held of record by PCO. Mr. McCaw disclaims any beneficial ownership of any shares held by PCO or X-icity.